3. ECAD Daily FTB. I'm not a fan of Daily FTB's in the same manner that I trade H4 TF and below FTB's, but ignoring this analysis on the chart below.

LJ Forex Group

2. GJ M30 FTB. Remember on FTB Vid 3 I spoke about 'other considerations'? One of these being price basing just before the FTB area? This is a classic example of this happening as per the annotated chart below. Does this mean the setup should be ...

LJ Forex Group

Taking each in turn... 1. GU H4 FB Look at one of my slide from the 2nd False Breakout video - particularly the area highlighted - there is your answer.

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My feed looks slightly different but I'd reach the same conclusion on both feeds - the SR is not clear and concise enough for an FTB for me - also the lack of a clear reaction last time out is not a good sign. I want to see price showing me a key ...

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That is certainly one of my preferred setups too in terms of what constitutes a maximum risk setup for me i.e. an SR FB with a clear SD zone that should cause the FB bar. "Sticking to the highest probability ones" is good to start with in terms of ...

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Happy New Year to all :-)

LJ Forex Group

In short tradable but definitely not the highest probability type setup. Personally I split my SR FB trades into 2 categories 'A' and 'B' - this would be in the latter category because: 1. The SR is not as clear and concise as it could be. 2. There ...

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Part 5 (final part) now available to watch: Trading False Breakouts - Part 5

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I'll explain more about entry techniques and my experience of what generates the largest expectancy in Part 5. But whatever I go through you should be building up a good example of past setups for yourself. Confidence comes from knowing why ...

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The retrace entry will always offer the same win rate as the entry based on the bar close (once the FB has been confirmed) won't it, but the former will result in a higher %R - though you have to factor in the number of times price doesn't retrace ...

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Of course, as mentioned on the vids, sometimes we have to judge the FB on it's own merits as we don't have a clear demand or supply zone that price is reacted at in forming the FB. This GCHF chart is an example of this. It's a swing FB with a strong ...

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These types of scenarios are great for pre-planning potential trades in advance and setting price alerts - which is part of what I upload to my Trading Room each day for members - couple of before and after shots below (NCAD M1 DP that price reacted ...

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Yes that's the type of scenario I would be looking for and indeed that one was on my watchlist at the time. A couple of recent ones attached (EJ M15 and Bund M15)

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Personally I wouldn't like the EJ short or EU long for a TT FTB - the SR's / SD zones are not quite clear enough for me. The EU short is one I would trade (though it could be better too in terms of how clear the SR could be and the decision points ...

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Been taking it easy from a trading perspective recently and have used some of the spare time to work on finishing the trade strategy section on my website. This morning I uploaded Parts 2-4 of the 'Trading False Breakouts' strategy - there is one ...

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Looks good to me as just an FTB without the QM being present, though too late in the day, week, year to be off interest to me.

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First time looking at charts properly for couple days for me this morning. Cable - this daily area would be a good place to look for a short setup given how this would have been demand on the way down. This area would have to hold for me for likely ...

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Quiet week as the wind down for the year takes hold, few trades yesterday...a GJ 0.5R loss (reasoning is a bit beyond this thread for now), a Brent compression based short (M5 TF) and still in some of a Dax daily TF based FB short (Daily and H1 ...

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Very shady practice from Oanda there, you can't offer a new product then at the first major news event increase your spreads from 2 to 200 pips, in the process clearing your entire book - as if those prices were a fair reflection of the underling ...

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Only couple trades for me this week so far. NCAD yesterday, M5 TF FB of previous swing with the LSS reversal and retest of the broken swing area as the entry point. GU today same TF, same setup, this time I waited for M1 PA to short after the ...

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